November 2023

French startup Indy has recently closed a new funding round of $44 million (€40 million) with BlackFin Capital Partners leading the round. Indy started as an automated accounting platform for freelancers and other self-employed people. But the company has been slowly iterating on its product to become an all-in-one platform for freelancers, from accounting to […]

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Elon Musk’s X, formerly Twitter, has filed a lawsuit alleging defamation by a news organization over claims that major companies had ads appear next to antisemitic content. But the suit appears to confirm the very thing it claims is defamatory. Media Matters last Thursday published an article with screenshots showing ads from IBM, Apple, Oracle […]

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In interviews on CNBC and Bloomberg TV tonight, Microsoft CEO Satya Nadella made it clear that it’s possible Sam Altman, who was fired from his role as CEO at OpenAI by the AI startup’s board of directors on Friday, could return to OpenAI in some capacity. That’s despite the fact that Altman announced this morning […]

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With the OpenAI saga playing out across the pond, the European tech community has been waiting for the latest updates as if a new series of Succession was about to drop. Indeed, events have at times resembled some Greek tragedy about the Gods fighting it out, atop Mount Olympus, while us mere mortals watch on. […]

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It may be difficult for just any company to court OpenAI employees even if compensation packages are eye-poppingly high because of loyalty to Sam Altman. 

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OpenAI was never quite like other generative AI startups — or other startups period, for that matter. Its governance structure is unique and what ultimately led to the abrupt ousting of CEO Sam Altman on Friday. Even after it transitioned from a nonprofit to a “capped-profit” company in 2019, OpenAI retained an unusual structure that […]

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Rivian founder and CEO RJ Scaringe has taken on another role within the publicly traded EV maker as chief product officer Nick Kalayjian moves out of the job and eventually into an advisory position, according to a regulatory filing and internal emails viewed by TechCrunch. Scaringe will now be responsible for all product development — […]

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